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To examine the impact of globalization on managerial compensation, we consider a matching model where a number of firms … compete both in the product market and in the managerial market. We show that globalization, i.e. the simultaneous integration …
Persistent link: https://www.econbiz.de/10010315582
Globalization has led to a vast flow of migration of workers but also of students. The purpose of this paper is to …
Persistent link: https://www.econbiz.de/10010336067
What is the impact of import competition from low-wage countries (LWCs) on inflationary pressure in Europe? This paper examines whether labor-intensive exports from emerging Europe, Asia, and other global regions have a uniform impact on producer prices in Germany, France, Italy, Sweden, and the...
Persistent link: https://www.econbiz.de/10011430088
This paper evaluates the impact of globalization on the tax bases of countries at varying stages of development. We see … globalization as a process that induces countries to embrace greater trade and financial integration, and macro stabilization. This …" taxes. We confirm the robustness of the main results to IV methodology, where trade globalization is inferred from applying …
Persistent link: https://www.econbiz.de/10010285297
Cultural and institutional differences among nations may result in differences in the ratios of marginal costs of goods in autarchy and thus be the basis of specialization and comparative advantage, as long as these differences are not eliminated by trade. We provide an evolutionary model of...
Persistent link: https://www.econbiz.de/10010287852
This paper evaluates the impact of globalization on tax bases of countries at varying stages of development. We see … globalization as a process that induces countries to embrace greater trade and financial integration. This in turn should shift …
Persistent link: https://www.econbiz.de/10010322726
also over expenditure allocation.Mirroring Elliot’s characterization of the English empire as a‘stakeholder empire’ we … contend that the Spanish colonial statedeveloped into a stakeholder model, in which local interests weredeeply invested in the … the local economy, while minimizing enforcements costs. Byallowing stakeholder control of both revenue and expenditure …
Persistent link: https://www.econbiz.de/10005870500
Corporate social responsibility (CSR) is increasingly a core component of corporate strategy in the global economy. In recent years its importance has become even greater, primarily because of the financial scandals, investors’ losses, and reputational damage to listed companies. While...
Persistent link: https://www.econbiz.de/10010292298
essential tool to stimulate growth and enable firms to master thecompetition brought about by the forces of globalization. In …
Persistent link: https://www.econbiz.de/10005867051
-When organizing international market introductions multinational companies facecoordination problems between the leading central organizational unit and local productmanagement. Based on the assumption that international market introductions are initiatedand managed by a central unit we examine...
Persistent link: https://www.econbiz.de/10005867086